FXPrimus vs LegacyFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare FXPrimus vs LegacyFX.
Does FXPrimus or LegacyFX offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FXPrimus
offers better pricing overall for traders.
Is FXPrimus or LegacyFX safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both FXPrimus and LegacyFX hold 0 global Tier-1 licenses. Both FXPrimus and LegacyFX hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, FXPrimus earned a higher Trust Score than LegacyFX.
Which trading platform is better: FXPrimus or LegacyFX?
To compare the trading platforms of both FXPrimus and LegacyFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXPrimus offers a better experience. With research, LegacyFX offers superior market research. Finally, we found FXPrimus to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.FXPrimus and LegacyFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
LegacyFX provides traders 44 currency pairs (e.g., EUR/USD) compared to FXPrimus's 42 available pairs. Forex pairs aside, LegacyFX offers traders access to 425 CFDs while FXPrimus has 140 available CFDs, a difference of 285.
Can I trust FXPrimus?
FXPrimus is not publicly traded, does not operate a bank, and is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust).
Can I trust LegacyFX?
LegacyFX is not publicly traded and does not operate a bank. LegacyFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).
Is FXPrimus good?
FX Primus is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside besides it's lack of additional top-tier licenses, is that FX Primus only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
Is LegacyFX good?
LegacyFX is a plain-vanilla MetaTrader 5 (MT5) broker that offers a medium range of CFD markets and forex pairs. It has built a good foundation of research offerings, and its investor education content is on par with the industry average. Overall, LegacyFX still has room to grow, and trails behind the best MetaTrader brokers.
Overall winner: FXPrimus
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.